20228158 Central Daily Price Deviation

20228158 Technical Analysis

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20228158 Projected Return Density Against Market

Assuming 30 trading days horizon, 20228158 has beta of -0.6187 . This suggests as returns on benchmark increase, returns on holding 20228158 are expected to decrease at a much smaller rate. During bear market, however, 20228158 is likely to outperform the market. Moreover, The company has an alpha of 0.2358 implying that it can potentially generate 0.2358% excess return over DOW after adjusting for the inherited market risk (beta).

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Investment Outlook

20228158 Investment Opportunity

DOW has a standard deviation of returns of 2.0 and is 9.223372036854776E16 times more volatile than 20228158. 0% of all equities and portfolios are less risky than 20228158. Compared to the overall equity markets, volatility of historical daily returns of 20228158 is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use 20228158 to enhance returns of your portfolios. The fund experiences normal upward fluctuation. Check odds of 20228158 to be traded at £1.3965 in 30 days. . As returns on market increase, returns on owning 20228158 are expected to decrease at a much smaller rate. During bear market, 20228158 is likely to outperform the market.

20228158 correlation with market

Very good diversification

Overlapping area represents the amount of risk that can be diversified away by holding 20228158 and equity matching DJI index in the same portfolio.